Bank Of Baku

Melli Iran Bank starts to issue plastic cards in Azerbaijan

Melli Iran Bank starts to issue plastic cards in Azerbaijan
# 03 March 2009 13:35 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Baku branch of Melli Iran Bank starts to issue local cards in Azerbaijan for the first time.
Shahriyar Pashali, Card Business Officer of the Branch, said an order was placed with MilliKart Processing center to issue 500 plastic cards at the first phase.
According to him, the number of cards will be increased in the future.
As at January 1, the Branch posted its assets at AZN 19.805 million, deposit portfolio at AZN 2.394 million, loan portfolio at AZN 5.959 million, total capital at AZN 11.123 million and authorized capital at AZN 10 million.
Melli Iran Bank Baku Branch has been in operation since 1994.
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THE OPERATION IS BEING PERFORMED